5815 Shellmound St | Emeryville, CA 94608
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- LoopNet Team
5815 Shellmound St
Emeryville, CA 94608
CORE BAY AREA NET LEASED INVESTMENT · Retail Property For Sale
Investment Highlights
- Triple Net Leased Investment with 3% Annual increases
- Under market rent and tenant’s renewal option at Fair Market Value provide future upside potential upon renewal
- Strong, e-commerce resistant tenant that has thrived throughout COVID
- Immediate access to Interstate 80, close proximity to Emeryville’s Amtrak Station
- Located in one of the Bay Area’s premier life-science hot beds with potential future conversion potential
- The building was fully remodeled in 2018/2019
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,740 SF
Building Class
C
Year Built/Renovated
1973/2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.53
Lot Size
0.64 AC
Zoning
MUR - Mixed-Use Residential
Parking
33 Spaces (2.23 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 049-1493-002-03 | Improvements Assessment | $6,403,050 |
| Land Assessment | $4,233,000 | Total Assessment | $10,636,050 |
PROPERTY TAXES
Parcel Number
049-1493-002-03
Land Assessment
$4,233,000
Improvements Assessment
$6,403,050
Total Assessment
$10,636,050
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